Minerals Net Debt vs Intangible Assets Analysis
MTX Stock | USD 83.80 1.94 2.37% |
Minerals Technologies financial indicator trend analysis is infinitely more than just investigating Minerals Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Minerals Technologies is a good investment. Please check the relationship between Minerals Technologies Net Debt and its Intangible Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Minerals Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Minerals Stock please use our How to Invest in Minerals Technologies guide.
Net Debt vs Intangible Assets
Net Debt vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Minerals Technologies Net Debt account and Intangible Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Minerals Technologies' Net Debt and Intangible Assets is 0.87. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Minerals Technologies, assuming nothing else is changed. The correlation between historical values of Minerals Technologies' Net Debt and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Minerals Technologies are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Net Debt i.e., Minerals Technologies' Net Debt and Intangible Assets go up and down completely randomly.
Correlation Coefficient | 0.87 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Most indicators from Minerals Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Minerals Technologies current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Minerals Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Minerals Stock please use our How to Invest in Minerals Technologies guide.At this time, Minerals Technologies' Discontinued Operations is fairly stable compared to the past year. Tax Provision is likely to rise to about 27.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 124.8 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 446.5M | 465M | 2.2B | 2.3B | Total Revenue | 1.9B | 2.1B | 2.2B | 1.2B |
Minerals Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Minerals Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Minerals Technologies fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.1B | 3.2B | 3.4B | 3.4B | 3.3B | 1.7B | |
Short Long Term Debt Total | 927.6M | 934.2M | 1.0B | 1.1B | 1.1B | 1.1B | |
Other Current Liab | 102.7M | 131.8M | 145.9M | 142.9M | 137.7M | 79.9M | |
Total Current Liabilities | 398.5M | 295.2M | 419.8M | 498.3M | 457.3M | 232.2M | |
Total Stockholder Equity | 1.4B | 1.5B | 1.5B | 1.6B | 1.7B | 886.4M | |
Property Plant And Equipment Net | 1.1B | 1.0B | 1.0B | 1.1B | 1.0B | 709.0M | |
Net Debt | 686M | 566.5M | 717.5M | 815.1M | 748.7M | 786.1M | |
Retained Earnings | 1.9B | 2.0B | 2.2B | 2.3B | 2.4B | 2.5B | |
Accounts Payable | 163.4M | 148.3M | 196.1M | 193.8M | 188.7M | 97.1M | |
Cash | 241.6M | 367.7M | 299.5M | 247.2M | 317.2M | 183.3M | |
Non Current Assets Total | 2.2B | 2.2B | 2.3B | 2.3B | 2.2B | 1.1B | |
Non Currrent Assets Other | 130.2M | 131.9M | 137.5M | 97.1M | 56.1M | 58.9M | |
Cash And Short Term Investments | 243.2M | 371.8M | 304.4M | 252.8M | 321.5M | 188.1M | |
Net Receivables | 376.2M | 369M | 367.8M | 404M | 399.1M | 233.4M | |
Common Stock Shares Outstanding | 35.1M | 34.2M | 33.8M | 32.8M | 32.6M | 31.9M | |
Liabilities And Stockholders Equity | 3.1B | 3.2B | 3.4B | 3.4B | 3.3B | 1.7B | |
Non Current Liabilities Total | 1.3B | 1.4B | 1.4B | 1.3B | 1.2B | 612.4M | |
Inventory | 253.3M | 248.2M | 298.3M | 348.8M | 325.4M | 341.7M | |
Other Current Assets | 46.5M | 44.6M | 58.6M | 21.6M | 53M | 55.7M | |
Other Stockholder Equity | (217.5M) | (247.1M) | (300.9M) | (343.6M) | (344.1M) | (326.9M) | |
Total Liab | 1.7B | 1.7B | 1.8B | 1.8B | 1.7B | 844.6M | |
Property Plant And Equipment Gross | 1.1B | 1.0B | 1.0B | 1.1B | 2.2B | 2.3B | |
Total Current Assets | 919.2M | 1.0B | 1.0B | 1.1B | 1.1B | 597.7M | |
Accumulated Other Comprehensive Income | (290.4M) | (308.3M) | (333.6M) | (366.5M) | (369.4M) | (350.9M) | |
Short Term Debt | 103.3M | 1M | 80.8M | 134.2M | 116.9M | 122.7M | |
Other Liab | 405.6M | 482.3M | 438.7M | 313.8M | 360.9M | 201.3M | |
Net Tangible Assets | 1.2B | 1.3B | 380.8M | 1.3B | 1.5B | 797.2M | |
Other Assets | 85M | 134M | 137.5M | 121.5M | 139.7M | 146.7M | |
Long Term Debt | 824.3M | 933.2M | 936.2M | 928.1M | 911.1M | 462.7M | |
Deferred Long Term Liab | 180.6M | 163.7M | 188.1M | 180.4M | 207.5M | 147.3M | |
Short Long Term Debt | 103.3M | 1M | 80.8M | 134.2M | 103.4M | 108.6M | |
Intangible Assets | 203M | 195.8M | 252.6M | 241.9M | 231M | 118.4M | |
Property Plant Equipment | 1.1B | 1.0B | 1.0B | 1.1B | 1.2B | 690.8M | |
Good Will | 807.4M | 808.5M | 905.9M | 914.8M | 913.6M | 867.9M | |
Treasury Stock | (659.7M) | (700.4M) | (775.1M) | (831.1M) | (748.0M) | (785.4M) | |
Short Term Investments | 1.6M | 4.1M | 4.9M | 5.6M | 4.3M | 5.7M |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Minerals Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Minerals Stock please use our How to Invest in Minerals Technologies guide.You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
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Is Minerals Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Minerals Technologies. If investors know Minerals will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Minerals Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.265 | Dividend Share 0.3 | Earnings Share 2.88 | Revenue Per Share 66.512 | Quarterly Revenue Growth (0.02) |
The market value of Minerals Technologies is measured differently than its book value, which is the value of Minerals that is recorded on the company's balance sheet. Investors also form their own opinion of Minerals Technologies' value that differs from its market value or its book value, called intrinsic value, which is Minerals Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Minerals Technologies' market value can be influenced by many factors that don't directly affect Minerals Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Minerals Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Minerals Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Minerals Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.